{"id":2650,"date":"2020-06-17T10:56:04","date_gmt":"2020-06-17T10:56:04","guid":{"rendered":"http:\/\/caindelhiindia.com\/blog\/?p=2650"},"modified":"2020-10-10T07:20:29","modified_gmt":"2020-10-10T07:20:29","slug":"why-does-the-govt-decide-to-unfair-waive-off-of-late-fees-for-filing-past-returns","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/why-does-the-govt-decide-to-unfair-waive-off-of-late-fees-for-filing-past-returns\/","title":{"rendered":"Why does the Govt decide to Unfair waive off of late fees for filing past returns"},"content":{"rendered":"\r\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69dcf30686866\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69dcf30686866\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.caindelhiindia.com\/blog\/why-does-the-govt-decide-to-unfair-waive-off-of-late-fees-for-filing-past-returns\/#Does_GST_Late_Fee_past_return_Waiver_decision_%E2%80%93_Correct_or_Incorrect\" title=\"Does GST Late Fee past return Waiver decision &#8211; Correct or\u00a0Incorrect?\">Does GST Late Fee past return Waiver decision &#8211; Correct or\u00a0Incorrect?<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.caindelhiindia.com\/blog\/why-does-the-govt-decide-to-unfair-waive-off-of-late-fees-for-filing-past-returns\/#2_All_would_have_filed_their_returns_by_paying_large_fines_after_the_due_date\" title=\"2. All would have filed their returns by paying large fines after the due date.\">2. All would have filed their returns by paying large fines after the due date.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.caindelhiindia.com\/blog\/why-does-the-govt-decide-to-unfair-waive-off-of-late-fees-for-filing-past-returns\/#3_People_who_have_not_yet_filed_their_returns\" title=\"3. People who have not yet filed their returns.\">3. People who have not yet filed their returns.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.caindelhiindia.com\/blog\/why-does-the-govt-decide-to-unfair-waive-off-of-late-fees-for-filing-past-returns\/#India_Financial_Consultancy_Corporation_Pvt_LtdIFCCL\" title=\"India Financial Consultancy Corporation Pvt Ltd.(IFCCL)\">India Financial Consultancy Corporation Pvt Ltd.(IFCCL)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.caindelhiindia.com\/blog\/why-does-the-govt-decide-to-unfair-waive-off-of-late-fees-for-filing-past-returns\/#wwwcaindelhiindiacom\" title=\"www.caindelhiindia.com\">www.caindelhiindia.com<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Does_GST_Late_Fee_past_return_Waiver_decision_%E2%80%93_Correct_or_Incorrect\"><\/span><span style=\"color: #333399;\">Does GST Late Fee past return Waiver decision &#8211; Correct or\u00a0Incorrect?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<figure id=\"attachment_2652\" aria-describedby=\"caption-attachment-2652\" style=\"width: 518px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2020\/06\/NO-fee.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-2652\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2020\/06\/NO-fee-300x200.jpg\" alt=\"www.caindelhiindia.com; GST\" width=\"518\" height=\"345\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2020\/06\/NO-fee-300x200.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2020\/06\/NO-fee-768x512.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2020\/06\/NO-fee.jpg 1000w\" sizes=\"(max-width: 518px) 100vw, 518px\" \/><\/a><figcaption id=\"caption-attachment-2652\" class=\"wp-caption-text\">www.caindelhiindia.com; GST<\/figcaption><\/figure>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n<p>GST Council&#8217;s recent decision at the 40th Council meeting on the comprehensive waiver of the late fee for nil returns and the capping of Rs. 500 pm for others from July 2017 to Jan 2020 has decided to open the room for debate on the matter. Unfair waiving of late GST fees at a recent council meeting. There are three taxpayer categories, with separate views on the issue.<\/p>\r\n\r\n\r\n\r\n<p><strong><span style=\"color: #333399;\">1. All who submit their returns far right on time.<\/span><\/strong><\/p>\r\n\r\n\r\n\r\n<p>Those who file their returns on the schedule are not satisfied with the decision of the Council. When any such waiver program is declared by the legislature, such a class of taxpayers still feels depressed and demotivated.\u00a0We think the government does not respect their prompt action.<\/p>\r\n\r\n\r\n\r\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_All_would_have_filed_their_returns_by_paying_large_fines_after_the_due_date\"><\/span><span style=\"color: #333399;\">2. All would have filed their returns by paying large fines after the due date.<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\r\n\r\n\r\n\r\n<p>Those who lodged their returns by paying tremendous late fees firmly condemn the committee decision. They are the ones who paid the punishment for their hard-earned money in the treasury of government. These taxpayers are requesting that they both benefit from the waiver and that repayment of their funds is provided.<\/p>\r\n\r\n\r\n\r\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_People_who_have_not_yet_filed_their_returns\"><\/span><span style=\"color: #333399;\">3. People who have not yet filed their returns.<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\r\n\r\n\r\n\r\n<p>Anyone who has not yet filed their rates of return is very satisfied with the choice for precisely that reason.<\/p>\r\n\r\n\r\n\r\n<p><span style=\"color: #333399;\"><strong>Regards<\/strong><\/span><\/p>\r\n\r\n\r\n\r\n<h4><span class=\"ez-toc-section\" id=\"India_Financial_Consultancy_Corporation_Pvt_LtdIFCCL\"><\/span><span style=\"color: #333399;\">India Financial Consultancy Corporation Pvt Ltd.(IFCCL)<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\r\n<h4><span style=\"color: #333399;\">\r\n\r\n<\/span><\/h4>\r\n<h4><span class=\"ez-toc-section\" id=\"wwwcaindelhiindiacom\"><\/span><span style=\"color: #333399;\">www.caindelhiindia.com<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\r\n\r\n\r\n","protected":false},"excerpt":{"rendered":"<p>Does GST Late Fee past return Waiver decision &#8211; Correct or\u00a0Incorrect? GST Council&#8217;s recent decision at the 40th Council meeting on the comprehensive waiver of the late fee for nil returns and the capping of Rs. 500 pm for others from July 2017 to Jan 2020 has decided to open the room for debate on &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[656],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/2650"}],"collection":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/comments?post=2650"}],"version-history":[{"count":5,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/2650\/revisions"}],"predecessor-version":[{"id":2718,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/2650\/revisions\/2718"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=2650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=2650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=2650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}